Multiple choice question.
Products with higher stockturn rates require greater markups because more units will be sold.
Products with higher stockturn rates can be profitable with lower markups because fewer units will be sold.
Products with higher stockturn rates require greater markups because fewer units will be sold.
Products with higher stockturn rates can be profitable with lower markups because more units will be sold.
1 answer
The correct answer is:
Products with higher stockturn rates can be profitable with lower markups because more units will be sold.
This is because higher stockturn rates imply that more units of a product are sold in a given period, allowing for profitability even with lower markups.
